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Volume 226: debated on Wednesday 16 June 1993

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To ask the Secretary of State for Wales what work is currently undertaken by his Department to attract increased levels of investment into Wales by venture capital houses.

Every encouragement is given to venture capital houses to increase their investment in Wales. Through the financial services initiative and other means, my Department and the WDA have regular contact with providers of finance and their representative bodies, and all possible support is given for them to take advantage of the excellent investment opportunities available in Wales.